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Statement of Additional Information Supplement
February 1, 1999
IDS Bond Fund, Inc. S-6495-20 N (10/98)
IDS Extra Income Fund, Inc. S-6370-20 N (7/98)
IDS Federal Income Fund, Inc. S-6042-20 P (7/98)
IDS Global Bond Fund S-6309-20 P (12/98)
IDS High Yield Tax-Exempt Fund, Inc. S-6340-20 R (1/99)
IDS Selective Fund, Inc. S-6376-20 M (7/98)
IDS Tax-Exempt Bond Fund S-6310-20 R (1/99)
IDS Intermediate Tax-Exempt Fund S-6355-20 D (1/99)
IDS Insured Tax-Exempt Fund S-6327-20 R (8/98)
IDS California Tax-Exempt Fund S-6328-20 P (8/98)
IDS Massachusetts Tax-Exempt Fund
IDS Michigan Tax-Exempt Fund
IDS Minnesota Tax-Exempt Fund
IDS New York Tax-Exempt Fund
IDS Ohio Tax-Exempt Fund
The Transfer Agency Agreement paragraph has been revised to state the following
fees:
The fee per account for Class A is $19.00, for Class B is $20.00 and for Class Y
is $17.00.
Form S-6386 A (2/99)
Valid until next prospectus update.
Destroy January 31, 2000